News

The Association of Bermuda Insurers and Reinsurers (ABIR) announced its new slate of elected officers for a 2010-11 term.

If the results of a survey of North American property and casualty insurers hold true, 2010 should be a year of growth for information technology in the industry, according to Deb Smallwood, founder of Strategy Meets Action.

A.M. Best Co. is leaving the financial ratings and outlook of the Hanover Insurance Group unchanged in the wake of the company's purchase of a book of business from OneBeacon Insurance Group.

The House passed estate tax legislation that an insurance agents' trade group said they hoped could be modified to provide a higher exemption level for small businesses.

John Bishop, president and CEO of Motorists Mutual Insurance Company, was elected to serve as 2010 chairman of the Griffith Insurance Education Foundation.

Legislation creating a Federal Insurance Office within the Treasury Department was passed today by the House Financial Services Committee.